FAMILY ADVANCEMENT MINISTRIES INC (EIN 581941915) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

Gwendolyn Rolfes

Phone

4787469803

Tax Period

2022-07-01 to 2023-06-30

FAMILY ADVANCEMENT MINISTRIES INC, founded in 1991, is a small nonprofit in the Civil Rights & Advocacy sector that reported $516K in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $442K left a modest 14% surplus.

Mission

The Organization seeks to help pregnant women and young, low income families who are in a crisis situation. We screen applicants, serve by appointment and evaluate each family and situation

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $514,451

Program Service Revenue $0

Investment Income $1,772

Other Revenue $0

TOTAL REVENUE $516,223

Expense Breakdown

Grants Paid $133,319

Salaries & Benefits $241,625

Fundraising Expenses $15,469

Program Expenses $361,941

Other Expenses $67,291

TOTAL EXPENSES $442,235

Year-over-Year Comparison

	2022	2021	Change
Revenue	$516,223	$402,377	+0.3%
Expenses	$442,235	$394,417	+0.1%
Net Income	$73,988	$7,960	+8.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$60,562

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joel Reott	President	0.00	Officer Director	$0	$0	$0
Tricia Cantwell CPA	Treasurer	0.00	Officer Director	$0	$0	$0
Denisia Franklin	Board Member	0.00	Director	$0	$0	$0
Carolyn Raines	Board Member	0.00	Director	$0	$0	$0
Elyse Staab	Board Member	0.00	Director	$0	$0	$0
Gigi Rolfes	Executive Director	40.00	Officer	$57,134	$3,428	$60,562

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$516,223	$442,235	$490,632	$73,988
2022	$402,377	$394,417	$433,614	$7,960
2021	$382,015	$393,566	$457,002	$-11,551
2020	$389,640	$367,865	$459,481	$21,775
2019	$426,148	$449,568	$389,741	$-23,420
2018	$453,350	$463,889	$412,720	$-10,539

FAMILY ADVANCEMENT MINISTRIES INC